competitive advantage

listen to the pronunciation of competitive advantage
English - Turkish
(Ticaret) rekabetçi üstünlük

Related Terms

competitive advantages
rekabet avantajları
competitive advantages
rekabetsel avantajlar
English - English
something that places a company or a person above the competition
More inputs/outputs More neurons per layer More neural models to choose from Hybrid supervised/unsupervised topologies
a benefit that exists when a firm has a product or service that is seen by its target market as better than that of a competitor
A factor, such as the ability to demonstrate quality, that helps a managed care organization compete successfully with other managed care organizations for business
Occurs when one company can make more profits selling its products or services than its competitors It occurs because a company can charge a premium because their product or service is more valuable, or because they can sell their product for less than their competitors because they are a more efficient producer Rational strategists always seek to establish a long term competitive advantage for their company Many managers associate competitive advantage with the description provided in Michael Porter's Competitive Advantage (1985)
In order to survive or expand, organisations must seek to gain dominance over their competitors in the marketplace This can be achieved by using a variety of strategies to gain control of a market or prevent others from gaining control
This is the benefit for consumers and/or customers which competitors will find it difficult or uneconomic to replicate
providing a product or service in a way that customers value more than the competition's
anything a company does that gives it a better chance of making money than other companies competing with it
A factor, such as the ability to demonstrate quality, that helps a managed care organization compete successfully with other MCOs for business
The competitive advantage is a set of factors that rank the company in a more favourable market position than its competitors It arises from individualising unique opportunities Common goods Common goods are goods that are frequently purchased and to which the consumer allocates a limited amount of resources The cost of these goods is low and the selection times are reduced because their features are well known The need for further information is thus seldom required
The advantage gained by a business that can produce a product better or cheaper than its competitors
A factor, such as the ability to demonstrate quality, that helps organizations to compete successfully with other MCOs for business
A firm's ability to do something better, faster, cheaper, or uniquely when compared with rival firms in the market
Offering a different benefit then that of your competitors
Competitive advantage results from either higher benefits for customers or lower costs or both
– Use of resources to provide better or cheaper services than others can provide with those same resources
the distinctive feature or features that makes a business successful
Related to products, an advantage over competitor products, achieved through functional benefit or end-user emotional benefit See: Sundberg-Ferar Mission Statement, Attractive, Cost-Effective, Innovative
The strategies, skills, knowledge, resources or competencies that differentiate a business from its competitors
an advantage a business has over its competitors because of the quality or superiority of products or services which will persuade customers to buy from them rather than from competitors
an advantage gained over competitors by offering consumers greater value, either by means of lower prices or by providing greater benefits
the element that makes one company better than its competitors: a better product or service, lower prices (due to economies of scale), etc
The strategic development where customers will choose a firm's product or service over its competitors based on significantly more favorable perceptions or offerings
a term popularized by Michael Porter of Harvard Business School and author of the business classic "Competitive Strategy", it is the unique blend of activities, assets, relationships, history, and market conditions that an organization exploits in order to differentiate itself from its competitors, and thus create value View records related to this term
The significant advantages that an organisation has over competitors Such advantages allow the organisation to add more value than its competitors in the same market
competitive advantage

    Hyphenation

    com·pet·i·tive ad·van·tage

    Turkish pronunciation

    kımpetıtîv ädväntîc

    Pronunciation

    /kəmˈpetətəv adˈvantəʤ/ /kəmˈpɛtətɪv ædˈvæntɪʤ/
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